Bittorrent Invests In Woo Network As Part Of $30M Series A

Dec 09, 2021•over 3 years ago

Amount Raised

$30 Million

Round Type

series a

George Town

Description

-- BitTorrent, the leader in peer-to-peer protocols and products, has announced the completion of its initial investment into WOO Network as part of the Series A round, which was announced on November 9. The round was led by Three Arrows Capital, PSP Soteria Ventures, Gate Ventures, QCP Capital, and Crypto.com Capital but featured many other strategic partners. BitTorrent is the latest name to join this list and offer strategic advice on growth and go-to-market strategies.

Company Information

Company

Woo Network

Location

George Town, Penang, Malaysia

About

WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity, trading execution, and yield generation strategies at lower to zero cost. WOO Network was incubated by Kronos Research, a multi-strategy trading firm that specializes in high-frequency trading (HFT), arbitrage, and CTA, averaging around $5-10 billion of daily trading volume on global cryptocurrency exchanges. Press Contact: Ben Yorke, Marketing VP Ben@woo.network SOURCE WOO Network

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